£604,299
This estimated value is based upon the latest sale price for the house of £452,500 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£452,500 | 28 Jul 2017 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in July 2017 the House Price Index for DORSET was 78.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 33.547%.Applying this 33.547% change to the original purchase price of £452,500 results in an estimated price of approximately £604,299.
28 Jul 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.1 | 104.3 | 33.547 % | £452,500 | £151,799 | £604,299 |
The Postcode Pricing Model uses changes in average sales price within the BH31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 4.804 % | £21,737 | £474,237 |
3 Month Average | 23.157 % | £104,783 | £557,283 |
6 Month Average | 22.259 % | £100,721 | £553,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jan 2025 | £615,945 | £600,000 | 44 HILLSIDE ROAD |
26 Mar 2024 | £373,644 | £350,000 | 71 RINGWOOD ROAD |
1 Dec 2023 | £300,762 | £280,000 | FLAT 2 CHELSEA COURT, 6 RINGWOOD ROAD |
17 Nov 2023 | £309,908 | £290,000 | 4 OAKS MEAD |
3 Apr 2023 | £524,092 | £495,450 | 57 RINGWOOD ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 23 Aug 2016. Using an estimated price of £604,299 means this house is valued at £4,953 per sq meter (£460 per sq foot).
The average size of a house on RINGWOOD ROAD is 130 sq meters (1,402 sq feet).